Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 17, 2017.

Malawian Kwacha/South African Rand (FOREX:MWKZAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MWKZAR
Open High Low MWKZAR Price Change
0.018400 0.018405 0.018290 0.018335 -0.000065
Entry Signal

MarketClub’s Trade Triangles for MWKZAR

long term up The long term trend has been UP since Sep 28th, 2017 at 0.018755

intermediate term up The intermediate term trend has been UP since Sep 18th, 2017 at 0.018225

short term down The short term trend has been DOWN since Oct 11th, 2017 at 0.018775

Smart Scan Analysis for MWKZAR

Based on a pre-defined weighted trend formula for chart analysis, MWKZAR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MWKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.018400 0.018405 0.018290 0.018335 -0.000065
Prev. Close Volume Bid Ask Time
0.018400 0.018090 0.018580 2017-10-16 14:29:27
Want to analyze Malawian Kwacha/South African Rand MWKZAR or another symbol? Try our Free Forex Trend Analysis Report.